Introduction: The Effortless Continuation Indicator is a technical analysis tool designed for traders to identify potential buy and sell signals in the market. This indicator combines three popular technical indicators - Moving Average Convergence Divergence (MACD), Triple Exponential Moving Average (TEMA), and Double Exponential Moving Average (DEMA) - to...
Tool to show typical pip-grade/ handle-grade sweep distance above pivot highs and pivot lows -In consolidation/ranging periods (i.e. most of the time); Highs/Lows may by swept by fairly consistent distances in typical stop raids. -Idea is from ICT teaching on typical Pip-grade sweeps in FX (10,20,30pips). Designed to work on FX, Indices, Commodities,...
This algorithm is designed to look trend for opening conditions, apply various filters including volume and volatility, then determine stop outs, break evens, and take profits. The algorithm uses proprietary math based on the concepts of volatility, standard deviations, average true ranges, and volume to help determine trend. You can filter based on cumulative...
This algorithm is designed to look at the ADX/MACD confluence for opening conditions, apply various filters including volume and volatility, then determine stop outs, break evens, and take profits. The ADX and MACD confluence can be a powerful predictor in stock movements. Both of these indicators find trend but do it in different ways. When they're combined...
Please watch the J8 Scalping Tutorial Video below for a walkthrough on how these indicators work. This script is used in conjunction with Jerry J8 30-123 SPY Scalping PRO” Indicator(which creates the buy and sell orders as a strategy). The Dashboard shows the 4 main criteria statuses from the strategy. I find the dashboard makes scalping the SPY much...
Please watch the J8 Scalping Tutorial Video below for a walkthrough on how these indicators work. ---- STRATEGY This study project is designed for scalping options that expire daily with bull put and bear call credit spreads on a 3 minute chart. The name 30_123 is a reference to 4 main criteria being met to give a green light for a potential trade. The 4...
Herewith presenting the Screener based indicator which supports Algo trade on the NSE stocks. The idea behind this indicator is when the Current day stock breaks out of Yesterday's high or Low with promising volumes (Using MA's and POC of Volume Profile) along with formation of candle Pattern. Initiates the Trade entries. Note: Indicator is designed to take an...
Hello all, It's ATR based active take profit & stop loss finder. You can set multipliers for taking profit and stop losing and you can change the price source for the calculation. Also, you can change the ATR level. Defaults are my best settings. 2.2x for taking profit and 1.5x for stop losing. Open price is the source. Also, I think 5 ATR is the best for...
Using VWAP as a start point, the VWAP Predator uses proprietary Fibonacci bands to help determine signal criteria. Most traders use VWAP in a simple way to determine whether an instrument is in a bearish or bullish state, but that doesn't help choosing the correct time to go long or short. The xBat VWAP Predator uses behavioural analysis with volume, price...
!Review This indicator automatically calculates the best trade entry based on volume and real-time volatility. After the algorithm analyzes the current characteristics of the market, an entry signal is placed on the chart. As a result, the trader can be sure that the signal is based on data analysis. One of the key elements is reverse transactions. A long or short...
TMO - (T)rue (M)omentum (O)scillator) MTF Scalper Version TMO Scalper is a special custom version of the popular TMO Oscillator. Scalper version was designed specifically for the lower time frames (1-5min intraday scalps). This version prints in the signals directly on top of the oscillator only when the higher aggregations are aligned with the current aggregation...
Trend Follower Intraday for 3 minute Time-Frame (Adjustable) , that has the time condition for Indian Markets as well. Unlike the Free Scripts - Risk Management , Position Sizing , Partial Exit etc. are also included . Send us a Message to know more about the strategy. // ══════════════════════════════════════════════════════════════════════════ // The Timing...
CONSOLIDTION BREAKOUT STRATEGY for 5 minute Time-Frame , that has the time condition adjustable for Indian Markets. // ══════════════════════════════════════════════════════════════════════════ // Unlike the Free Scripts - Risk Management , Position Sizing , Partial Exit etc. are also included . Message to know more about the strategy. //...
Average Daily Range (ADR) over 5/10/14/20 Days What it is One of the oldest measurements of price volatility that is being used in technical and statistical trading is the range of a specific period of past days to estimate probability of chances, risk and price movements, as seen f.e. in Molodovsky, N. (1967). Building a Stock Market Measure—A Case Study. ...
The ULTIMATE market sentiment indicator that combines the sentiments from the MARKET INTERNALS : $ADD ( NYSE $ADV minus $DECL ), $VOLD ( NYSE $UVOL minus $DVOL ) and $TICK ( NYSE Cumulative tick ). Sentiment is based on calculating the crossovers of moving average pairs for each of the market internals. As a result, 3 corresponding signal lines are generated +...
Welcome to the Ichi-Price Wave. This indicator is designed for day trading options contracts for any ticker, using a number of indicators — Ichimoku Cloud, Volume-Weighted Average Price, Stochastic Relative Strength Index, Exponential Moving Average (13/48) — and calculating how they interact with each other to provide entry and exit signals for both Calls and...
Dear Traders, Here with presenting the new Indicator (Strategy) for scalping which is primarily built based on the the Volume Analysis. Idea behind this Indicator: I am sure every trader would agree that Volume is one of the Leading indicator along with Price, and hence thought to use the same for scalping the trades. There is a direct co-relation between the...
Effortless Scalping is an indicator that primarily is used for stock options trading. Effortless Scalping is based off of momentum. Our script takes into account the price action, volume, and historical data points of a stock to give potential "buy" and "sell" areas. Effortless Scalping is a protected script because its Buy and Sell signals are based off of...